Monday, June 11, 2012

New Op-Ed: 'Listen to the Accountants'

VSCPA President & CEO Stephanie Peters, CAE, co-wrote an op-ed in this morning's Richmond Times-Dispatch discussing government finances. Stephanie and Nancy Bagranoff, dean of the University of Richmond's Robins School of Business, talked about the special expertise that CPAs offer in matters of fiscal responsibility.
CPAs are uniquely qualified to analyze financial statements, whether it's for a small business or a huge government entity. VSCPA members and other CPAs are the experts when it comes to reading a balance sheet, and they should use their expertise to help the country solve its financial problems. Peters and Bagranoff wrote:
The profession's message is meant to be nonpartisan and does not suggest a particular policy solution. Taxing at 15 percent and spending at 25 percent is not sustainable. How we solve that disconnect should be an ongoing topic of discussion among us all.
Click here to read the rest of the editorial. What can CPAs do to help U.S. citizens understand the government's financial situation? Sound off in the comments.

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